Unit Trust of India (Transfer of Undertaking and Repeal) Act : Exemption from stamp duty. Indian Bare

Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002

Act No : 58

Section : Exemption from stamp duty.

14. Exemption from stamp duty.-Notwithstanding anything contained in the Indian Stamp Act, 1899 (2 of 1899), the transfer and vesting of the undertaking and the specified undertaking in terms of section 4 shall not be liable to the payment of any stamp d ty under that Act.